“I don't think agents are going to go away. But what I do think will happen over the next five years is that we're going to go from 1% of insurance transactions being truly online to 10%. The next big thing in embedded insurance is going to be built on our rails because the required infrastructure to make it a truly online transaction aren't being delivered as a solution by others. It's going to be obvious when we look back 20 years from now.” Our very own Wayne Slavin joined Peter Renton to chat about how Sure is bringing a centuries-old industry into the digital age as we build the rails of digital insurance. https://lnkd.in/dFCYkZGJ #digitalinsurance #embeddedinsurance #insurtech #fintech
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“We were really starting with the customer problem. The aha moment was that nobody was really thinking about insurance from the customer problem of: How easy is it to get it? How much friction have we removed from the process? We really just started with that idea of: If you wanted to buy insurance right now, how could you do it? And the answer turned out to be that you probably couldn’t.” ICYMI: Our very own Wayne Slavin joined Peter Renton to chat about how Sure is bringing a centuries-old industry into the digital age as we build the rails of digital insurance. https://lnkd.in/ekAfiyjr #digitalinsurance #embeddedinsurance #insurtech #fintech
Wayne Slavin, CEO and Co-Founder of Sure, on building the technology rails to make insurance fully digital
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The fintech landscape is moving fast – is your insurance keeping up? When handling sensitive financial data and scaling operations, the stakes are high. The right insurance strategy can make all the difference. Explore key risks, self-assessment tips, and coverage recommendations in our latest guide on fintech insurance. 🔗 https://hubs.li/Q02NCSlb0 #insuranceoftech #businessinsurance #fintech
Vouch: Picking the Best Business Insurance for your Fintech Startup
vouch.us
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Fintech companies operate at the intersection of finance and technology, facing unique operational risks in a highly regulated environment. My colleague @Aaron Casey explores these challenges and explains how E&O insurance can provide crucial protection. Dive into the distinctions between financial services E&O and technology E&O policies, and the types of events each policy covers. #EandO #Insurance #Tech #Risks
How E&O Insurance Supports Fintech Companies | Woodruff Sawyer
woodruffsawyer.com
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Since its founding in 2013, Plaid revolutionized the fintech industry by providing a secure way for applications to connect with their customers’ banks. Now Modives is doing the same for the insurance industry. Learn more about the layers that make up the insurance verification stack, and how we’re helping property and auto businesses automate the process from start to finish: https://hubs.ly/Q02CGKGG0 #insuretech #property #auto #integrations #api #plaid #insurance
What Is Plaid for Insurance? Understanding the Insurance Verification Tech Stack - Modives
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The Insurtech industry is set to see significant growth by 2030, with a projected increase of over $284 billion. AI-powered insurance underwriting is a key driver of this expansion. Stay updated with the latest fintech news. #Insurtech #FintechFutures
Insurtech Global Strategic Business Analysis Report 2024: Market to Grow by a Staggering $284+ Billion to 2030 - AI-Driven Insurance Underwriting Spurs Growth - FinTech Futures: Fintech news
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Revolutionising insurance: The top 6 benefits of automating underwriting The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes. Earnix , which offers a real-time AI-driven enterprise rating engine with analytical underwriting, recently outlined the six biggest benefits of using an automated underwriting system within insurance. Read the story here: https://loom.ly/pBGptJs #FinTech #InsurTech #Insurance
Revolutionising insurance: The top 6 benefits of automating underwriting
https://fintech.global
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📈 Scaling in the #FinTech Space? Secure your growth with StartSure's General Liability coverage. Our commercial insurance offers a comprehensive shield against unforeseen circumstances. Elevate your FinTech with confidence, knowing you're covered at every step. Because we don't just sell insurance, we craft it to you 🚀💡 #FinTechScaleUp #GeneralLiability #InsureYourGrowth #Insurance #CommercialInsurance #StartSure
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Revolutionising insurance: The top 6 benefits of automating underwriting The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes. Earnix , which offers a real-time AI-driven enterprise rating engine with analytical underwriting, recently outlined the six biggest benefits of using an automated underwriting system within insurance. Read the story here: https://loom.ly/362MhTk #FinTech #InsurTech #Insurance
Revolutionising insurance: The top 6 benefits of automating underwriting
https://fintech.global
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🔭💡 Ever wondered how a comprehensive online insurance management system could revolutionise the fintech industry? We've got an intriguing article that delves into this complex world, mapping out the changes technology is bringing to this once traditional field. The article features CoverageX LLC, a promising startup from Lakework, New Jersey, leading the way in this transformation. Founded by Moshe Fishman, this company is all about empowering the customer with smooth, efficient insurance solutions that can be accessed online anytime, anywhere. With a range of services to compare and purchase insurance products, they may just be the future of fintech we've been waiting for. Don't just take our word for it; explore their innovative strategies and theories in the link below: 👇👇 https://lnkd.in/ezxxC634 Read, share and let's have a conversation about the future of the fintech industry. #Fintech #InsurTech #OnlineInsurance #InsuranceRevolution #CoverageX #Futureofttech. Keep following our page for more updates and articles on the ever-evolving fintech industry. Let's chart this exciting journey to financial evolution together. 💪🎯🚀.
Is Comprehensive Online Insurance Management Revolutionising the Fintech Industry?
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The Future of #Insurance: #Fintech 50 2024 From two startups protecting against hackers to a small business insurer using AI to process applications quickly, six #insurtech businesses made our Fintech 50. #digitaltransformation #financialservices https://lnkd.in/eudthByb
The Future Of Insurance: Fintech 50 2024
forbes.com
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